Charlie Munger has expressed confidence in Berkshire Hathaway's future beyond his and Warren Buffett's leadership, attributing the conglomerate’s resilience to its decentralized structure and strong management.

He believes Berkshire’s unique business model, based on long-term investments and sound principles, will continue to thrive under successors like Greg Abel, who’s positioned to take over.

Munger sees the company evolving, but without radical changes, maintaining its focus on acquiring quality businesses and remaining conservative in financial practices.